Cognitive Biases #1: The Sunk Cost Glacier

What do a Himalayan glacier, a toxic job, and a piece of pottery have in common?

In the middle of the Asian continent, tucked in a mare’s nest of disputed borders between northern India, northeastern Pakistan, and southwestern China, lies a 47-mile–long stretch of ice called the Siachen Glacier.

Up to 19,000 feet above sea level, the glacier is unpopulated, has no identified natural resources, gets 35 feet of snow a year, has precious few roads leading to it, and faces temperatures as low as –58º Fahrenheit.

People have been fighting over it for almost seventy years.

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